The Editor’s Digest can be accessed for free Roula Khalaf, the Editor of the FT, shares her favorite stories in this weekly newsletter. A recent survey has revealed that the top 10 UK law firms are now charging clients nearly 40% more per hour compared to five years ago. This increase in fees can be … Read more
TORONTO (AP) — Three big tobacco companies would pay nearly $24 billion to settle a long-running legal battle in Canada, according to a purposed deal. Philip Morris International said Friday that a court-appointed mediator had filed the proposed settlement with its Canadian affiliate, Rothmans, Benson & Hedges, over tobacco product-related claims and litigation in Canada. … Read more
According to Michael Grant, the Chief Investment Officer of Calamos Investments, the bull market may be approaching its end. Grant believes that the market is currently experiencing what he calls the “invincibility syndrome.” This syndrome occurs when investors falsely believe that stocks will continue to rise without any obstacles. He warns that stocks could soon … Read more